Mining and Exploration Guides
Our articles on mining, exploration, metals and oil and gas, grouped by topic so you can go straight to the subject you need.
Checking a specific piece of ground?
Farmonaut Mining Pro reads satellite optical, radar and thermal data to show where a licence area looks most promising, so field work and drilling go to the best targets first.
Which mining guide to open first
The 23 topic guides above fall into three groups: commodities, the business and practice of mining, and finding and holding ground. If you know the metal or mineral you’re interested in, start with its commodity guide. If your question is about how mining works, start with the practice guides.
| If you’re looking for | Start with |
|---|---|
| Gold | gold deposits, mines and geology, gold mining companies, gold prospecting and panning |
| Silver and copper | silver mining, copper producers and mines, copper prices and market outlook |
| Battery and critical minerals | lithium, cobalt, nickel and battery metals, rare earths and critical minerals |
| Steel and other metals | iron ore and chromite, platinum, tungsten, bauxite and other metals |
| Energy minerals | uranium, coal, oil and gas fields and reserves, oil and gas markets and crude grades |
| Gems and industrial minerals | gemstones, diamonds, potash, phosphate, quartz and industrial minerals |
| How mining works | the mining industry, mining equipment, technology and safety, mining and the environment |
| Finding and holding ground | mineral exploration and satellite detection, mining claims and mineral rights |
The stages of a mining project and where each guide fits
Most mining questions make more sense once you know which stage a project is at. The path from an idea to a working mine usually runs like this, and it often takes ten years or more:
- Securing ground. An explorer applies for or buys a license or claim. Our guide to mining claims covers how this works in the US.
- Exploration. Mapping, remote sensing, geochemistry and geophysics narrow the area, then drilling tests the best targets. The exploration methods guide covers this stage.
- Resource estimation. Drill results are turned into a mineral resource estimate under a reporting code such as JORC in Australia, NI 43-101 in Canada or S-K 1300 in the US, signed off by a qualified or competent person.
- Studies. A scoping study or preliminary economic assessment comes first, then pre-feasibility and feasibility studies that define reserves, the mine plan, equipment and costs.
- Permitting and financing, including environmental assessments and community agreements.
- Construction, production and, eventually, closure and rehabilitation. The equipment and environment guides cover these stages.
Most projects stop at one of the early stages, which is normal. Exploration is a process of ruling ground out as much as ruling it in. Articles in the industry and commodity guides often describe projects at different stages, so note which stage each one is at before comparing them.
Terms used across these guides
A handful of terms come up in almost every mining article, and they’re easy to mix up:
- An Exploration Target is a range of possible tonnage and grade for ground that hasn’t been drilled enough to estimate a resource. Reporting codes require it to be clearly labeled as conceptual.
- A Mineral Resource is an estimate based on drilling, split into Inferred, Indicated and Measured as confidence rises.
- An Ore Reserve (or Mineral Reserve) is the part of a resource that a study shows can be mined at a profit, after allowing for dilution, recovery and costs.
- Grade is the concentration of the metal, in grams per tonne for gold and silver and in percent for copper, zinc or iron.
- Cut-off grade is the lowest grade worth mining and processing, and the strip ratio is the tonnes of waste moved per tonne of ore in an open pit.
Reading market and company articles
Several guides cover prices, stocks and companies. They explain how each market works and who the main producers are. They don’t recommend buying or selling anything, and nothing in them is investment advice. Prices move daily, so when an article quotes a price or production figure, check its date and source. For metals, the most widely used public reference is the USGS Mineral Commodity Summaries, published each year, and for companies the primary sources are their own filings and technical reports. Canadian NI 43-101 reports are public on SEDAR+, and Australian JORC announcements are published through the ASX.
Farmonaut’s mining work
Alongside these guides, we run satellite mineral exploration for license holders. Our satellite mineral detection service combines optical, shortwave infrared, radar, thermal, terrain, magnetic and hydrology data to rank Exploration Targets across a license area. It comes before a JORC or NI 43-101 resource estimate and doesn’t replace one. Since the start of FY2025-26 we have analyzed 391,956 acres in 33 countries, for 23 different minerals across 189 exploration projects. On engagements where clients tested our ranked zones with ground or drill work, 90% were confirmed. Delivery takes under five days from a usable boundary.
Our browser-based exploration software, Farmonaut Mining Pro, has nine tools: 2D map, raster inspector, 3D viewer, zone table, block model, drillholes, mine plan, economics, and export and reports. More than 100 mining businesses in over 25 countries use it. Our 16-chapter Mining Pro video course is free to watch, and our mining case studies show the work on real projects.
About these mining guides
What is Farmonaut Mining?
It’s our satellite mineral exploration work. We analyze satellite data over a license area and deliver ranked Exploration Targets, used ahead of drilling and a formal resource estimate. Mining Pro is our browser-based software for working with exploration data in 2D and 3D.
Where should I start if I’m new to mining?
Start with the mining industry guide for how companies and methods work, then the exploration methods guide for how deposits are found. After that, open the commodity guide for the metal you care about.
Are these articles investment advice?
No. The market, stock and company articles explain how the sector works. Check dated figures against primary sources such as the USGS and company filings, and speak to a licensed adviser before investing.
How does satellite mineral detection fit into exploration?
It sits at the early stage, after ground is secured and before field sampling and drilling. Satellite data narrows a large area down to the zones worth testing on the ground, which saves time and money on the field program.
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